Now this may be a hard deal for many to pass up, even though
HP is discontinuing
webOS and its hardware products. But HP will begin selling the 16GB
TouchPad for $99 starting tomorrow. Likewise, the 32GB model will sell for just
$50 more.

According to the original poster,
who happens to be a SlickDeals
editor, we don't have any idea when the deal will start tomorrow in the U.S., but keep your
eyes open and watch out for HP's server to catch on fire as people rush to
purchase $99 tablets.

And for those that doubt the price cut, Future Shop (a Canadian subsidiary of Best
Buy) has already
dropped their price to $99. So for our Canadian readers out there, have fun
while everyone in the U.S. waits for the sale to come online.

Updated @ 8:23pm EST

PreCentralgrabbed a memo that HP sent to its affiliates which confirms the deal:

HP will be lowering the price of the TouchPad beginning Saturday 8/20/11. This is the lowest price ever for the TouchPad so please post it as soon as it goes live.

16GB TouchPad- $99; 32GB TouchPad - $149

"Intel is investing heavily (think gazillions of dollars and bazillions of engineering man hours) in resources to create an Intel host controllers spec in order to speed time to market of the USB 3.0 technology." -- Intel blogger Nick Knupffer